A fifth telecoms players, NTEL, yesterday has entered the Nigerian telecoms market, giving the sector a $32 bn boost.
NTEL said it would operate offer its services via the GSM technology with a plan to run 4G technologies across the country.
NATCOM Development and Investment Limited, which bought over NITEL through a guided liquidation process, and now trading as NTEL, made the announcement of its rollout in Lagos, explaining that it will launch in Lagos, Abuja and Port Harcourt in November this year, as its first phase rollout, before extending its telecommunications services to other states, towns and villages across the country.
Announcing its debut, its Chief Executive Officer, Kamal Abass, said in its first phase NTEL would launch international bandwidth services over SAT-3 and a 4G mobile network covering Lagos, Abuja and Port Harcourt.
According to him, NTEL would be offering three portfolios of telecoms services in the areas of Business Mobile Network International, Voice Termination International Bandwidth Delivery and the Metro Bandwidth Fixed Services.